Nevada legal pot sales set May record; near $500 million overall

CARSON CITY, Nev. — Legal marijuana sales in Nevada set another monthly record in May, fresh on the heels of the previous month’s record.

The Nevada Department of Taxation reported on July 26 the $7.11 million in tax revenue from pot sales for medical and recreational use in May topped the previous monthly high of $7.09 million in March.

Tax collections for the first 11 months of the fiscal year now total $62.6 million, according to the Associated Press. That’s 25 percent more than was projected for the entire fiscal year — and June collections are still outstanding.